Kovack Advisors Inc. Has $9.88 Million Holdings in RTX Corporation $RTX

Kovack Advisors Inc. raised its holdings in shares of RTX Corporation (NYSE:RTX) by 50.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,846 shares of the company’s stock after acquiring an additional 18,152 shares during the quarter. Kovack Advisors Inc.’s holdings in RTX were worth $9,875,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC increased its stake in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after buying an additional 159 shares during the period. United Bank increased its stake in shares of RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after acquiring an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of RTX by 3.1% during the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after acquiring an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in RTX during the second quarter valued at $5,157,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. UBS Group reduced their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Finally, Citigroup cut their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX has an average rating of “Moderate Buy” and a consensus target price of $211.38.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
• Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
• Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.

RTX Stock Up 3.8%

Shares of RTX stock opened at $184.15 on Friday. The stock’s 50 day simple moving average is $183.23 and its 200 day simple moving average is $189.03. RTX Corporation has a twelve month low of $140.13 and a twelve month high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The company has a market capitalization of $247.98 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 2.51 and a beta of 0.31.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the business earned $1.47 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. This is a boost from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio (DPR) is 54.78%.

RTX Company Profile

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.